What does the 2020 Volvo XC40 cost per mile?
Fuel cost a mile
11.9cents
- 2025 IRS rate: 70 cents a mile.
- Margin: 58.1 cents a mile.
- $5,815 per 10,000 miles.
- 2020 Volvo XC40 T4 Momentum FWD: 27 mpg.
- Median of 130 gas and hybrid SUVs (2020): 13.9 cents a mile.
Gas $3.20. 2025 IRS rate 70 cents.
| Trim | Rating | Cost a mile | Margin a mile | Per 10,000 mi |
|---|---|---|---|---|
| T4 Momentum FWD | 27 mpg | 11.9 cents | 58.1 cents | $5,815 |
| T5 Momentum AWD | 25 mpg | 12.8 cents | 57.2 cents | $5,720 |
| T4 R-Design FWD | 27 mpg | 11.9 cents | 58.1 cents | $5,815 |
| T4 Inscription FWD | 27 mpg | 11.9 cents | 58.1 cents | $5,815 |
| T5 R-Design AWD | 25 mpg | 12.8 cents | 57.2 cents | $5,720 |
| T5 Inscription AWD | 25 mpg | 12.8 cents | 57.2 cents | $5,720 |
What this cannot tell you
Fuel only. Insurance, repairs and value loss not counted.
The IRS rate covers every cost, not fuel alone.
- 2 or more sources
- 1 source
- Model-level, rule or estimate
- Sources disagree